DSIJ Mindshare

Multibagger cable stock at Rs 84.51 with Rs 495.16 crore order book hit upper circuit today; PAT zooms 113.7 per cent to Rs 29.49 crore

The stock gave multibagger returns of 148 per cent from its 52-week low of Rs 34.07 and a whopping 600 per cent in 3 years.

Kiran Shroff 0 27792 Article rating: 3.7

Over a decade, the stock has soared from Rs 2.04 per share to an intraday high of Rs 84.51 per share, achieving multibagger returns of over 4,000 per cent.

Multibagger in just 1 year: This cable manufacturing company likely to acquire 100 per cent stake in Valens Technologies Private Limited

The stock gave multibagger returns of 265 per cent in just 6 months and a whopping 500 per cent in 3 years.

Kiran Shroff 0 13362 Article rating: 3.8

According to its quarterly results, the net sales increased by 29 per cent to Rs 211 crore and net profit skyrocketed by 115 per cent to Rs 15 crore in Q1FY24 compared to Q1FY23. According to its annual results, the net sales increased by 37 per cent to Rs 796 crore and net profit skyrocketed by 500 per cent to Rs 48 crore in FY23 compared to FY22.

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